ckeck of self assessment tax return

by **777** on Tue Feb 22, 2011 7:43 pm

hi im being checked on my tax return for last tax year but have no expense recepts for the last 3 years with no good excuse does any one no wot mite happen or have any advice thanks for any replies

by **mullet** on Tue Feb 22, 2011 10:37 pm

Worst case scenario - HMRC disallows all of your expenses for the enquiry year and raises assessments for previous years. But do you have nothing at all? Bank records? Diary? Other records? You will also be exposed to interest and, possibly, penalties.

by **AvocadoK** on Wed Feb 23, 2011 11:03 pm

The Revenue often like to pretend that there is a rule that says that you cannot get tax relief for an expense if you have not got an invoice. No such rule exists - and they will back down (a bit) when you remind them of this fact. But in the absence of invoices, you'll need some kind of evidence (e.g. diaries etc as per mullet's post), to support your claim. If you have invoices to support current expenses, that may help your argument.
AK